Wednesday, December 7, 2016

Arbitrate My Foot.

       Do you understand the meaning of the term "arbitration?" It means that the two or more sides of a disagreement sit down and with the help of neutral parties hammer out a solution acceptable to everyone. Generally all sides get less than they'd hoped for, but everybody gets some of what they wanted. At least that's the idea of arbitration. But then along came the Supreme Court a few years ago and said that certain corporations could force complainants to use arbitration rather than lawsuits that are grouped together.
       With this method corporations can handle a thousand complaints, generally with a mediator of their choice who winds up being their employee, for all intents and purposes. So instead of losing a thousand lawsuits at, say a thousand a piece, they can agree under arbitration to settle for ,maybe, a  hundred a piece. Now sometimes the complainant can sue, but the legal few and court costs, they'd wind up owing a hundred. That's why they wanted to join their suits together.
       Meantime, the corporations get away with paying a whole lot less than they should. Of course its all perfectly legal because the Supreme Court decided that the poor corporations weren't happy with the old way. Its a lot like tax loopholes except instead of Congress giving away your money, the SCOTUS gave permission for the Corporations to take it away.
       Now we're due for a new President to come along soon. But don't expect him to change the arbitration thing. He won't have the authority. Same with tax loopholes.  I'll bet you thought he'd be able to give you everything you hoped for and that he promised you, didn't you? Well, HAHA. The jokes on all of us.

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